You are here

London home prices to remain stalled for years, say economists

BT_20170824_LDNPROP24_3052248.jpg
Ten out of 14 economists surveyed by Bloomberg News cited political and economic uncertainty as a reason London home prices are stalling while seven said tax changes for landlords were at fault. Only six attributed the slowdown to affordability issues.

London

ECONOMISTS have bad news and good news for London's home sellers: prices will probably be stuck in neutral for some years, courtesy of Brexit and a shaky economy, but a serious crash still looks unlikely.

Ten out of 14 economists surveyed by Bloomberg News cited political

sentifi.com

Market voices on: